Zhuk, Alesia2024-03-202024-03-202020Zhuk A. Cryptocurrency and the law. In: Marciano A, Ramello GB, editors. Encyclopedia of law and economics. New York: Springer; 2020. 12 p. DOI: 10.1007/978-1-4614-7883-6_813-19781461478836http://hdl.handle.net/10230/59500Cryptocurrency, also known as virtual currency, digital currency, decentralized currency, or crypto money, is an innovative technology that challenges conventional financial systems and offers a new means of financial exchange and investment. It is an alternative currency that utilizes blockchain technology and cryptography to facilitate secure and transparent transactions, without the need for intermediaries such as banks or governments. Cryptocurrency has gained popularity in recent years due to its potential benefits, including faster and cheaper transactions, improved privacy and security, and global accessibility. However, it also faces limitations and regulatory challenges that require careful consideration.application/pdfeng© SpringerNature This is a author's accepted manuscript of: Zhuk A. Cryptocurrency and the law. In: Marciano A, Ramello GB, editors. Encyclopedia of law and economics. New York: Springer; 2020. 12 p. The final version is available online at: http://dx.doi.org/10.1007/978-1-4614-7883-6_813-1info:eu-repo/semantics/bookParthttp://dx.doi.org/10.1007/978-1-4614-7883-6_813-1Virtual currencydigital currencydecentralized currencycrypto moneyalternative currencyinfo:eu-repo/semantics/openAccess